CON-PAC LOGISTICS: what changed
CON-PAC LOGISTICS
Largest movements
- Receivables within one year -€766,320
down €766,320 (-38.6%), from €2.0m to €1.2m
of which Other amounts receivable: -€1.2m
- Cash +€599,561
up €599,561 (+2,926%), from €20,490 to €620,051
mainly Receivables within one year (+€766,320) and Tax, wage and social debts (+€53,304)
- Other debts -€130,713
down €130,713 (-43.6%), from €300,000 to €169,287
- Trade debts -€82,291
down €82,291 (-77.4%), from €106,278 to €23,987
- Tax, wage and social debts +€53,304
up €53,304 (+15.5%), from €343,722 to €397,026
of which Taxes: +€44,181
- Current portion of long-term debt -€23,666
no longer reported in 2025 (was €23,666)
- Reserves +€22,457
up €22,457 (+1.9%), from €1.2m to €1.2m
of which Distributable reserves: +€22,457
- Gross operating margin -€148,442
down €148,442 (-4.3%), from €3.4m to €3.3m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,004,479 | €1,837,611 | -€166,867 | -8.3% |
| Current assets | 29/58 | €2,004,479 | €1,837,611 | -€166,867 | -8.3% |
| Amounts receivable within one year | 40/41 | €1,983,880 | €1,217,560 | -€766,320 | -38.6% |
| Trade receivables | 40 | €811,338 | €1,208,300 | +€396,963 | +48.9% |
| Other amounts receivable | 41 | €1,172,542 | €9,260 | -€1.2m | -99.2% |
| Cash at bank and in hand | 54/58 | €20,490 | €620,051 | +€599,561 | +2,926% |
| Deferred charges and accrued income | 490/1 | €109 | - | -€109 | |
| Total equity and liabilities | 10/49 | €2,004,479 | €1,837,611 | -€166,867 | -8.3% |
| Equity | 10/15 | €1,221,582 | €1,244,039 | +€22,457 | +1.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,201,582 | €1,224,039 | +€22,457 | +1.9% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €1,199,582 | €1,222,039 | +€22,457 | +1.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €782,897 | €593,573 | -€189,324 | -24.2% |
| Amounts payable within one year | 42/48 | €773,667 | €590,300 | -€183,367 | -23.7% |
| Current portion of amounts payable after more than one year | 42 | €23,666 | - | -€23,666 | |
| Trade debts | 44 | €106,278 | €23,987 | -€82,291 | -77.4% |
| Suppliers | 440/4 | €106,278 | €23,987 | -€82,291 | -77.4% |
| Taxes, remuneration and social security | 45 | €343,722 | €397,026 | +€53,304 | +15.5% |
| Taxes | 450/3 | €31,219 | €75,400 | +€44,181 | +142% |
| Remuneration and social security | 454/9 | €312,503 | €321,626 | +€9,123 | +2.9% |
| Other amounts payable | 47/48 | €300,000 | €169,287 | -€130,713 | -43.6% |
| Accrued charges and deferred income | 492/3 | €9,230 | €3,273 | -€5,957 | -64.5% |
| Remuneration, social security and pensions | 62 | €3,254,557 | €3,220,608 | -€33,949 | -1.0% |
| Other operating charges | 640/8 | €1,176 | €1,212 | +€36 | +3.0% |
| Gross operating margin | 9900 | €3,418,221 | €3,269,779 | -€148,442 | -4.3% |
| Operating profit (loss) | 9901 | €162,487 | €47,959 | -€114,528 | -70.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,057 | €714 | -€1,343 | -65.3% |
| Recurring financial charges | 65 | €2,057 | €714 | -€1,343 | -65.3% |
| Profit (loss) for the period before taxes | 9903 | €160,430 | €47,245 | -€113,185 | -70.6% |
| Income taxes | 67/77 | €53,460 | €24,788 | -€28,671 | -53.6% |
| Profit (loss) for the period | 9904 | €106,970 | €22,457 | -€84,514 | -79.0% |
| Profit (loss) for the period to be appropriated | 9905 | €106,970 | €22,457 | -€84,514 | -79.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.